Offering Memorandum QUEEN ANNE VIEW MANSION TRIPLEX 2022 Taylor Ave N Seattle, WA Exclusively offered by Paragon Real Estate Advisors 1
Offering Summary Paragon Real Estate Advisors is pleased to present for sale the Queen Anne View Mansion Triplex. This property is a beautiful brick Queen Anne home that is now a triplex with commanding views of Lake union and the Seattle skyline. Totally remodeled three story 3BD/3BTH - 3,400 square foot owner s unit with European touches, remodeled chef s kitchen and beautiful bathrooms. Ideal owner occupant home for a family or Executives. Two additional one-bedroom units, averaging 650 square feet have huge decks and views that generate $4,300 monthly. 180 degree views from Gas Works to Downtown Seattle, Lake Union and Cascade mountains from Mt. Baker to Mt. Rainier. The main residential home (2022) is available to tour. Please do not disturb tenants in apartments (2020 & 2024), and access to the apartments will be available upon signed PSA. Name Queen Anne View Mansion Triplex Address 2022 Taylor Ave N, Seattle WA 98109 Total Units 3 Built 1926 Square Feet 4,700 Total Net Rentable Price $2,700,000 Terms Cash Out Lot Size 5,760 Square Feet Zoning SF 5000 QUEEN ANNE VIEW MANSION TRIPLEX 2
Investment Highlights Excellent opportunity to purchase a mansion triplex on the east side of Queen Anne, with commanding views Stunning panoramic views of Downtown Seattle, the Space Needle, Lake Union, and Gasworks Park Owner s unit (2022) has 3 bedrooms and 3 bathrooms, with attention to detail noted throughout Remodeled chef s kitchen and updated bathrooms Garage Parking Patio space overlooking Gasworks Park and Lake Union Live in the main house and collect rent from the apartments, or add apartments to the main house Additional two apartments (2020 & 2024) have been nicely updated and generate $4,300 in monthly income 3
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Queen Anne Highlights Conveniently located between major employment centers of downtown Seattle, South Lake Union, Wallingford, Fremont and the Elliot Bay waterfront. Less than 5-minute drive (non-rush hour) to downtown Seattle, South Lake Union, Capitol Hill, Eastlake, Magnolia, Ballard, Fremont, Wallingford and the University District. Home to 25 beautifully maintained city parks Home to the private Seattle Pacific University on the north slope One of Seattle s hottest rental markets and prestigious residential neighborhoods to live People from all over Seattle visit Queen Anne for its nightlife, restaurants and famous park attractions Served by Rapid Ride and other major bus routes Major employers headquarter nearby include Amazon, Nordstrom, Expedia, Zillow, Tableau and Weyerhaeuser Major companies opening offices nearby: Google, Facebook, Apple, Ebay, Dropbox, Twitter, Uber 7
Paragon Real Estate Advisors ABOUT PARAGON Paragon Real Estate Advisors is the leading Seattle real estate investment firm for multifamily property sales in Washington State. We have accrued over $3 billion in sales and have closed nearly 1,700 successful real estate transactions. We are locally owned, client-focused and highly experienced. When it comes to apartments and investment real estate in the Puget Sound region, we are the smart choice to partner with. At Paragon, we build long-term partnerships that help our clients reach their long- and short-term real estate investment goals while maintaining maximum profitability for them. Our brokers have an in-depth knowledge of the Washington state real estate market, particularly in the greater Seattle area and the I-5 corridor, that comes from more than 20 years experience in the industry. Paragon s unique focus on sharing knowledge, teamwork and collaboration within the brokerage industry leverages our collective intellect for all our clients. Our brokers provide superior customer representation through our innovative and effective marketing campaigns, co-brokerage, skilled negotiations, and ongoing partnerships. The information found in this offering memorandum has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. 8